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Software-Defined Wide Area Network (SD-WAN) Market Trends

Report ID: GMI2214
Published Date: Feb 2024
Report Format: PDF

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Software-Defined Wide Area Network Market Trends

The convergence of SD-WAN with edge computing technologies could be an emerging trend in the SD-WAN market. As organizations increasingly deploy applications and services at the network edge to reduce latency and improve performance, there is a growing demand for integrated solutions that combine SD-WAN capabilities with edge computing functionality.. In January 2024, Zscaler officially unveiled its SD-WAN solution, marking its entry into the rapidly expanding and competitive single-vendor secure access service edge market. As a frontrunner in security services edge (SSE), Zscaler has collaborated with nearly all major SD-WAN vendors, adopting a multivendor SASE approach.

The company announced the widespread availability of its Zero Trust SD-WAN solution alongside a range of plug-and-play appliances. These offerings are specifically crafted to assist customers in modernizing secure connectivity across branch offices, factories, and data centers. Additionally, they aim to streamline operations by eliminating the reliance on outdated firewalls and VPNs. By integrating SD-WAN with edge computing platforms, organizations can enhance agility, scalability, and responsiveness at the network edge, enabling new use cases and driving innovation in distributed computing environments.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of software-defined wide area network was reached USD 7.2 billion in 2023 and is estimated to register over 27% CAGR between 2024 and 2032, owing to the scalability and flexibility that this network offers.

In 2023, the on-premises segment accounted for a market share of 70% and is projected to grow through 2032, as SD-WAN solutions offer scalability and flexibility to businesses, particularly those with stringent security and compliance requirements, to keep critical network functions and data on-premises.

North America dominated the global software-defined wide area network market with a major share of over 45% in 2023 and will grow significantly through 2032 due to the region's large and diverse business landscape, ranging from small startups to multinational corporations, demanding scalable and flexible networking solutions.

Aryaka Networks, Inc., Cisco Systems, Inc., Extreme Networks, Inc., Hewlett Packard Enterprise (HPE), Huawei Technologies Co., Ltd., Juniper Networks, Inc., Martello Technologies Group Inc., Oracle Corporation, Palo Alto Networks, Inc., Versa Networks, Inc., VMware, Inc., and ZTE Corporation.